(IDEX Online) - Diamond Foundry is suing the US government over the "egregious" tariffs it has to pay to have its lab growns polished in China.The Silicon Valley start-up, which counts Leonardo DiCaprio among its high-profile backers, says the tariffs are higher than the actual cost of the polishing.It blames former president Donald Trump for imposing four punitive increases during his term, and J...Read More
(IDEX Online) - A Rolex watch that belonged to British rock icon Eric Clapton is expected to fetch at least $1.6m at auction.The gold Daytona (pictured), known as the Crazy Doc (reference 6239) leads The Geneva Watch Auction: XV by Phillips in association with Bacs & Russo.Clapton, 76, bought the watch in Italy in 1990 and went on to sell it at auction in 2003.Other highlights of the sale, to...Read More
(IDEX Online) - Diamond manufacturers in Surat are now importing the vast majority of rough direct to the city, rather than via Mumbai.In the financial year to March 2020, rough imports to both cities were on a par, at just over $6bn.But in the 10 months to February 2022, Surat imported $13.2bn of rough, almost four times as much as Mumbai's $3.7m, according to new figures from the Gem and Je...Read More
The company saw ANLA archive its environmental licence application in October 2021 on the grounds that it did not have enough information to decide on the viability of the project.Read More
A focus on ESG and decarbonisation has left some wondering what gold mining's role is in the world. Calderon made a strong case for gold mining during a speech to the Melbourne Mining Club yesterday.Read More
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly firmer on the morning of Wednesday March 23, with April nickel prices on SHFE registering an almost 2% gain.* Will Russia pushback against sanctions by curbing oil exports?* LME nickel prices found their price level on Tuesday.* The sell-off in bonds is seeing a rotation in other asset classes.* UK consu...Read More
The relationship between gold and copper reflects economic and political sentiment.Read More
Most recently, the 3.8 million tonne per year plant had been scheduled to start in April and Ivanhoe said the early hot commissioning is four months ahead of the original development schedule. It doubles the size of the mine's concentrator plant. Ivanhoe's co-chair Robert Friedland said the commissioning is a big step towards establishing Kamoa-Kakula as one of the two largest copper mining c...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. General Mills advanced $1.19 to $63.87 after reporting higher than consensus first quarter earnings. The company also raised guidance. Adobe dropped $10.45 to $456.00 despite reporting higher than consensus fiscal first quarter revenues and earnings. The company also lowered guidance fo...Read More
B2Gold (TSX: BTO; NYSE-AM: BTG) has increased global resources at its Anaconda project in southwest Mali more than fourfold - from 770,000 oz. of contained gold to 3.4 million ounces. Located about 20 km away from the company's Fekola mine, which produced 567,795 oz. gold in 2021, the Anaconda area includes the Menankoto permit and the Bantako North permit. The project's updated resource est...Read More
Stellantis N.V. (NYSE: STLA) and LG Energy Solution will invest over $5 billion to build a large battery plant in Windsor, Ont., with an expected annual production capacity of over 45 gigawatt hours to produce lithium-ion battery cells. Construction of the plant, which is expected to create 2,500 jobs, will begin later this year and the facility will be operational by 2025, Canada's ministry of...Read More
Like opposing characters in a literary plot, gold and copper highlight aspects of the other's attributes and values. Writers frequently use opposing characters to build drama or create conflict, classically as foils and antagonists. The latter is a character who is in direct opposition, and whose actions hinder the protagonist. A foil is a character who accentuates the qualities of the protagon...Read More
Following receipt of all regulatory approvals, Capstone Mining (TSX: CS) has successfully completed its previously announced business combination with Mantos Copper, creating a new Americas-focused copper producer named Capstone Copper Corp.The merger agreement stipulates that each Capstone common share be exchanged for one share of Capstone Copper. Following completion, Capstone shareholders wou...Read More
The Korelin Economics Report, Released on 3/23/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review shorter-term and longer-term support and resistance levels in the precious metals sector, and why he's very encouraged by the recent strength in the mining stocks. While the corrective move down in gold did briefly fill that breakaway gap level in gold, in general the yellow...Read More
Daily Reckoning, Released on 3/23/22The stars are aligning for gold. A combination of geopolitical tumult, supply chain problems and inflation Continue... Jim Rickards: The Newest Case for Gold added by Herman James on 03/24/2022View all posts by Herman James ?+'Read More
The stars are aligning for gold. A combination of geopolitical tumult, supply chain problems and inflation all point to much higher gold prices. Today, I'll break it all down.If you believe that the war in Ukraine will end soon, that global supply chains will heal quickly and that inflation is transitory, then you're probably in for a rude awakening. In fact, none of those things is likely.Even if...Read More
The Federal Reserve just raised interest rates for the first time since 2018.And popular belief among most investors holds that interest rate hikes are generally bearish for gold and precious metals.But that's not exactly the case.In fact, rising interest rates might even be positive for precious metals.The truth is, there is really no good connection we can make between interest rates and preciou...Read More
Investing in gold can bring diversification risk and create a different growth source for your portfolio. Most investors understand this, but what types of gold assets should we include in our investment portfolio? Let's have a look at TD gold bars, what they are and how to hold them tax-efficiently. What Are TD Gold Bars?TD Bank sells and has sold various types of gold bars throughout the years....Read More
Zweiter Kanal: https://www.youtube.com/channel/UCoqrUj5STWlbvQxW_4VtVWA Ich habe mir zur Mondelez International Aktie ...Read More
Leaked files reveal for the first time how the secretive firm enlisted a controversial diamond tycoon - ignoring 'red flags'Read full newsRead More